Home Page Home Page
Agents - Join here Add Property
Home > Property News > Bulgaria Property News > Bulgaria coastal resorts attract Russian buyers

Bulgaria coastal resorts attract Russian buyers

Bulgaria coastal resorts attract Russian buyers The Prime London property market has benefitted from an influx of overseas investors during the last couple of years and a large number hail from Russia. The latest location of choice for the wealthy Russian property buyer is Bulgaria. According to Select Properties of Bulgaria international real estate investors now account for 15 per cent of all residential real estate transactions in the country – almost double the amount of three years ago. Nearly 80 per cent of all overseas transactions are made by cash rich Russian investors who seem to favour coastal areas and are attracted by the discounted property prices – house prices are around 40 per cent below peak prices achieved several years ago. According to local agents Bulgarian real estate owners are more than happy to sell but only if the price is right.
© Copyright
Published: 11-Jul-12

Send My Property Requirements to Suitable Agents Worldwide

Keep Me Posted
Property Alerts

Property Search


Follow our news feeds on
Follow us on twitter

RSS feed of propertyworld's news updates 

RSS feed of our news

Related News Stories
  • Bulgarian market sees increased rental demand (25-Nov-08)
  • People choose property in Bulgaria 'for the lifestyle' (05-Feb-09)
  • Bulgaria attracts more UK visitors (21-Aug-08)
  • Careful buyers 'can find the perfect home in Bulgaria' (02-Dec-08)
    • News Archive
    News By Category
    Australia Property News
  • Prestige homes push forward Down Under
  • Shortfall in Sydney homes
  • Surprise cut in Oz interest rate
    • Canada Real Estate News
  • Home sales up in Canada
  • Young Canadians struggle to buy first home
  • House sales up and down across Canada
    • Dubai Property News
  • Real estate recovery stalls in Abu Dhabi
  • Dubai hosts international property show
  • Dubai delivers higher home prices
    • France Property News
  • Bargain time to buy French property
  • Slow progress for French property market
  • French mortgage rates set to drop
    • Germany Property News
  • More Germans move into home ownership
  • Bank watches German property prices
  • Foreign investors move in to German commercial real estate market
    • Italy Property News
  • Victory for Italian holiday home investors
  • Italian property prices set to dip
  • Great time to buy holiday home in Italy
    • Miscellaneous Property News
  • Home sales remain strong in New Zealand
  • Hong Kong real estate sector set to cool
  • Huge growth forecast for global prime properties
    • South Africa Property News
  • More affordable housing needed in South Africa
  • Valuation objections in Cape Town
  • Home rentals soar in Cape Town
    • Spain Property News
  • House prices still in decline in Spain
  • New ruling for Spanish seaside homes
  • Spanish homes attract Chinese investors
    • UAE Real Estate News
  • Mortgage limits on hold in UAE
  • Oversupply pushes property prices down in Abu Dhabi
  • Saudi approves new mortgage rules
    • United Kingdom
  • UK asking prices on the rise
  • More UK lenders say yes to FTB’s
  • Brighter outlook for UK properties
    • United States of America
  • US mortgage process a mystery to many buyers
  • Values of US homes set to soar
  • Foreign investors flood Miami
    		•
    Home  |  About Us  |  Property News  |  Useful Links  |  Data Feeds  |  Property Listings  |  Site Map  |  Help  |  Privacy  |  Terms & Conditions
    Copyright © 2005 - 2013 PropertyWorld.com Designed and developed by MSO.net